{"status":true,"post":{"id":15914,"user_id":23,"status":1,"type":1,"orde":null,"notification_type":3,"static_post":0,"published_at":"2022-10-21 10:02:20","created_at":"2017-02-12T21:00:00.000000Z","updated_at":"2022-10-21T07:02:20.000000Z","edited_at":"2024-12-17 22:35:21","source_id":null,"post_id":15914,"is_featured":0,"title":"D\u00f6vizin yat\u0131r\u0131m arac\u0131 olarak g\u00f6sterilmesi \u00fcz\u00fcc\u00fc","slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"home_title":null,"sub_title":null,"category_id":73,"description":null,"content":"  \t\t\t\t\t  \t\t\t\t\t<p><span class=\"large\">T\u00fcrkiye \u0130statistik Kurumu, 9 \u015eubat 2017 g\u00fcn\u00fc finansal yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n reel getiri oranlar\u0131 Ocak 2017 ba\u015fl\u0131kl\u0131 bir veri yay\u0131mlad\u0131.<\/span><\/p>  <p><span class=\"large\">\u00d6nce bu yat\u0131r\u0131m ara\u00e7lar\u0131 hangisi onu irdeleyelim; k\u00fcl\u00e7e alt\u0131n, Euro, dolar, BIST 100, mevduat, devlet i\u00e7 bor\u00e7lanma senetleri.<\/span><\/p>  <p><span class=\"large\">\u00d6ncelikle \u015funu belirtelim; d\u00f6vizin bir yat\u0131r\u0131m arac\u0131 olarak g\u00f6sterilmesi \u00e7ok \u00fcz\u00fcc\u00fcd\u00fcr. Kald\u0131 ki, \u2018d\u00f6vize yat\u0131r\u0131m yapmak\u2019 bu \u00fclke paras\u0131na g\u00fcvenmemek demek. Bunun d\u0131\u015f\u0131nda ticari ihtiya\u00e7lar nedeniyle al\u0131nan veya sat\u0131lan d\u00f6vize tabii ki s\u00f6z\u00fcm\u00fcz olamaz. D\u00f6vize yat\u0131r\u0131m arac\u0131 diye bakmak hastal\u0131kl\u0131 bir ekonomiye sahip olmak ve T\u00fcrk Liras\u0131\u2019n\u0131n ak\u0131betine g\u00fcvenmiyorum demek. Bu a\u00e7\u0131dan d\u00f6viz yat\u0131r\u0131m arac\u0131 olmaktan \u00e7\u0131kar\u0131lmal\u0131d\u0131r. Bunun da bir s\u00fcr\u00fc yolu var.<\/span><\/p>  <p><span class=\"large\">Ge\u00e7elim getirilere...<\/span><\/p>  <p><span class=\"large\">Orada durum daha da vahimle\u015fiyor. <\/span><br><span class=\"large\"> \u0130\u015fte tablo:<\/span><\/p>  <p><span class=\"large\"><strong>Finansal yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n ayl\u0131k reel getiri oranlar\u0131 Ocak 2017<img style=\"\" src=\"\/Archive\/Content\/1220202212355563a1ac2b3c63c16013.webp\" alt=\"\" width=\"\" height=\"\" class=\"contentImg\"><\/strong><\/span><\/p>  <p><span class=\"large\">Tabloya bakt\u0131\u011f\u0131m\u0131zda i\u00e7ler ac\u0131s\u0131 durumu t\u00fcm a\u00e7\u0131kl\u0131\u011f\u0131yla g\u00f6r\u00fcyoruz. K\u00fcl\u00e7e alt\u0131n, Euro ve dolar yat\u0131r\u0131m arac\u0131 de\u011fil. Bunlara yat\u0131r\u0131lan para ya donduruluyor ya da reel ekonomiden \u00e7ekiliyor. Reel ekonomiye kaynak olarak d\u00f6nebilecek \u00fcr\u00fcne bakal\u0131m, BIST yani borsa hisse senedi. Di\u011fer de\u011fi\u015fle uzun vadeli sermaye arac\u0131. BIST getirisi di\u011ferlerinin alt\u0131nda. Ya mevduata ne demeli? Reel getirisi negatif olmu\u015f, yani reel olarak kaybettirmi\u015f. Bu durumda kim mevduat yapmak ister? Mevduat cazip olmazsa reel sekt\u00f6re kaynak olarak aktar\u0131lacak krediler nas\u0131l olu\u015facak? Ke\u015fke mevduat lider olsayd\u0131 da d\u00f6vizden medet umanlar pi\u015fman olsayd\u0131.<\/span><\/p>  <p><span class=\"large\">Bu veriler geldi\u011fi s\u00fcrece s\u00fcr\u00fc psikolojisi insanlar\u0131n tasarruflar\u0131n\u0131 d\u00f6vize y\u00f6nlendirmesine neden olacak. O zaman d\u00f6viz mevduat olacak ve d\u00f6viz kredisi kullan\u0131m\u0131 zorunlu olarak yap\u0131lacak. K\u0131sacas\u0131 kur riskini herkes alm\u0131\u015f oluyor. Tasarruf sahibi d\u00f6vizin de\u011fer kaybetmesi riskini al\u0131rken d\u00f6viz kredisi kullananlar da d\u00f6vizin y\u00fckselmesi riskini al\u0131yor. Bankalar ise ne gelirse onu satt\u0131\u011f\u0131ndan g\u00f6r\u00fcn\u00fcmde risk alm\u0131yormu\u015f imaj\u0131 olabilir ama \u00f6yle de\u011fil. Bankalar d\u00f6vizde \u015fi\u015fkinlik oldu\u011funda d\u00f6viz mevduat\u0131 sahiplerinin mevduat\u0131 bozmas\u0131 riskiyle kar\u015f\u0131 kar\u015f\u0131yad\u0131r. Bu durumda kulland\u0131r\u0131lan kredi geri \u00e7a\u011f\u0131r\u0131lamayaca\u011f\u0131ndan bankalar likidite eksikli\u011fine d\u00fc\u015fme riski al\u0131yor. O y\u00fczden sistemde risk almayan kalm\u0131yor. Peki neden bu risk al\u0131n\u0131yor? Yukar\u0131daki tablodan dolay\u0131\u2026<\/span><\/p>  \t\t\t\t","slug":"dovizin-yatirim-araci-olarak-gosterilmesi-uzucu","tags":"K\u00f6\u015fe Yaz\u0131s\u0131","meta_title":"D\u00f6vizin yat\u0131r\u0131m arac\u0131 olarak g\u00f6sterilmesi \u00fcz\u00fcc\u00fc","meta_description":"Hikmet Baydar","meta_keywords":"K\u00f6\u015fe Yaz\u0131s\u0131","news_cover_min":null,"news_cover":null,"news_video_min":null,"news_video":null,"view_count":121,"cropped_1200x675":null,"user":{"id":23,"name":"H\u0130KMET","surname":"BAYDAR","email":"hikmet-baydar@gmail.com","slug":"hikmet-baydar","avatar":"\/front\/uploads\/avatar\/1733691600m8IdzrjJsMVvSMC.webp","status":1,"role":1,"email_verified_at":null,"orde":null,"created_at":"2022-10-19T14:42:06.000000Z","updated_at":"2024-12-18T09:49:02.000000Z","seo_title":null,"seo_description":null},"translations":[{"id":16013,"is_featured":0,"is_amp":0,"is_ads":0,"ads_link":null,"post_id":15914,"locale":"tr","category_id":73,"title":"D\u00f6vizin yat\u0131r\u0131m arac\u0131 olarak g\u00f6sterilmesi \u00fcz\u00fcc\u00fc","home_title":null,"sub_title":null,"slider_title":null,"slider_title_2":null,"slider_spot_title":null,"slider_spot_title_2":null,"subtitleuse":0,"description":null,"content":"  \t\t\t\t\t  \t\t\t\t\t<p><span class=\"large\">T\u00fcrkiye \u0130statistik Kurumu, 9 \u015eubat 2017 g\u00fcn\u00fc finansal yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n reel getiri oranlar\u0131 Ocak 2017 ba\u015fl\u0131kl\u0131 bir veri yay\u0131mlad\u0131.<\/span><\/p>  <p><span class=\"large\">\u00d6nce bu yat\u0131r\u0131m ara\u00e7lar\u0131 hangisi onu irdeleyelim; k\u00fcl\u00e7e alt\u0131n, Euro, dolar, BIST 100, mevduat, devlet i\u00e7 bor\u00e7lanma senetleri.<\/span><\/p>  <p><span class=\"large\">\u00d6ncelikle \u015funu belirtelim; d\u00f6vizin bir yat\u0131r\u0131m arac\u0131 olarak g\u00f6sterilmesi \u00e7ok \u00fcz\u00fcc\u00fcd\u00fcr. Kald\u0131 ki, \u2018d\u00f6vize yat\u0131r\u0131m yapmak\u2019 bu \u00fclke paras\u0131na g\u00fcvenmemek demek. Bunun d\u0131\u015f\u0131nda ticari ihtiya\u00e7lar nedeniyle al\u0131nan veya sat\u0131lan d\u00f6vize tabii ki s\u00f6z\u00fcm\u00fcz olamaz. D\u00f6vize yat\u0131r\u0131m arac\u0131 diye bakmak hastal\u0131kl\u0131 bir ekonomiye sahip olmak ve T\u00fcrk Liras\u0131\u2019n\u0131n ak\u0131betine g\u00fcvenmiyorum demek. Bu a\u00e7\u0131dan d\u00f6viz yat\u0131r\u0131m arac\u0131 olmaktan \u00e7\u0131kar\u0131lmal\u0131d\u0131r. Bunun da bir s\u00fcr\u00fc yolu var.<\/span><\/p>  <p><span class=\"large\">Ge\u00e7elim getirilere...<\/span><\/p>  <p><span class=\"large\">Orada durum daha da vahimle\u015fiyor. <\/span><br><span class=\"large\"> \u0130\u015fte tablo:<\/span><\/p>  <p><span class=\"large\"><strong>Finansal yat\u0131r\u0131m ara\u00e7lar\u0131n\u0131n ayl\u0131k reel getiri oranlar\u0131 Ocak 2017<img style=\"\" src=\"\/Archive\/Content\/1220202212355563a1ac2b3c63c16013.webp\" alt=\"\" width=\"\" height=\"\" class=\"contentImg\"><\/strong><\/span><\/p>  <p><span class=\"large\">Tabloya bakt\u0131\u011f\u0131m\u0131zda i\u00e7ler ac\u0131s\u0131 durumu t\u00fcm a\u00e7\u0131kl\u0131\u011f\u0131yla g\u00f6r\u00fcyoruz. K\u00fcl\u00e7e alt\u0131n, Euro ve dolar yat\u0131r\u0131m arac\u0131 de\u011fil. Bunlara yat\u0131r\u0131lan para ya donduruluyor ya da reel ekonomiden \u00e7ekiliyor. Reel ekonomiye kaynak olarak d\u00f6nebilecek \u00fcr\u00fcne bakal\u0131m, BIST yani borsa hisse senedi. Di\u011fer de\u011fi\u015fle uzun vadeli sermaye arac\u0131. BIST getirisi di\u011ferlerinin alt\u0131nda. Ya mevduata ne demeli? Reel getirisi negatif olmu\u015f, yani reel olarak kaybettirmi\u015f. Bu durumda kim mevduat yapmak ister? Mevduat cazip olmazsa reel sekt\u00f6re kaynak olarak aktar\u0131lacak krediler nas\u0131l olu\u015facak? Ke\u015fke mevduat lider olsayd\u0131 da d\u00f6vizden medet umanlar pi\u015fman olsayd\u0131.<\/span><\/p>  <p><span class=\"large\">Bu veriler geldi\u011fi s\u00fcrece s\u00fcr\u00fc psikolojisi insanlar\u0131n tasarruflar\u0131n\u0131 d\u00f6vize y\u00f6nlendirmesine neden olacak. O zaman d\u00f6viz mevduat olacak ve d\u00f6viz kredisi kullan\u0131m\u0131 zorunlu olarak yap\u0131lacak. K\u0131sacas\u0131 kur riskini herkes alm\u0131\u015f oluyor. Tasarruf sahibi d\u00f6vizin de\u011fer kaybetmesi riskini al\u0131rken d\u00f6viz kredisi kullananlar da d\u00f6vizin y\u00fckselmesi riskini al\u0131yor. Bankalar ise ne gelirse onu satt\u0131\u011f\u0131ndan g\u00f6r\u00fcn\u00fcmde risk alm\u0131yormu\u015f imaj\u0131 olabilir ama \u00f6yle de\u011fil. Bankalar d\u00f6vizde \u015fi\u015fkinlik oldu\u011funda d\u00f6viz mevduat\u0131 sahiplerinin mevduat\u0131 bozmas\u0131 riskiyle kar\u015f\u0131 kar\u015f\u0131yad\u0131r. Bu durumda kulland\u0131r\u0131lan kredi geri \u00e7a\u011f\u0131r\u0131lamayaca\u011f\u0131ndan bankalar likidite eksikli\u011fine d\u00fc\u015fme riski al\u0131yor. O y\u00fczden sistemde risk almayan kalm\u0131yor. Peki neden bu risk al\u0131n\u0131yor? Yukar\u0131daki tablodan dolay\u0131\u2026<\/span><\/p>  \t\t\t\t","slug":"dovizin-yatirim-araci-olarak-gosterilmesi-uzucu","orjinalimage":null,"news_cover_min":null,"news_cover":null,"news_video_min":null,"news_video":null,"cropped_638x552":null,"cropped_310x208":null,"cropped_416x247":null,"cropped_197x247":null,"cropped_416x600":null,"cropped_1200x675":null,"tags":"K\u00f6\u015fe Yaz\u0131s\u0131","meta_title":"D\u00f6vizin yat\u0131r\u0131m arac\u0131 olarak g\u00f6sterilmesi \u00fcz\u00fcc\u00fc","meta_description":"Hikmet Baydar","meta_keywords":"K\u00f6\u015fe Yaz\u0131s\u0131","view_count":121,"yt":0,"ytid":"","ytimage":null,"imgdate":"2000-01-01 00:00:00","cuff_cover":null,"cropped_358x214":null,"cropped_842x474":null}]}}